Answer:
The correct answer is "Percentage change in quantity demanded divided by the percentage change in price of that good".
Explanation:
The elasticity of demand is a measure used in economics to show the degree of response of the quantity demanded of a good or service to changes in the price it presents. It grants the percentage change of the quantity demanded about a unitary percentage change in the price, with the other variables considered constant.
The E is a measure of the sensitivity of the quantity demanded of a good or service to changes in its price. Its formula normally produces a negative result due to the inverse nature of the relationship between the price and the quantity demanded.
Have a nice day!
Answer:
429,260
Explanation:
Contract commencement date = July 1 , 2021
Contract payment term = $56,000 / annual
Additional 15% ($8,400) at the end of each year if occupancy exceeds 90%
Estimate of meeting occupancy threshold = 30%
At the year end 2012, Contract timeline = 6 month (1/2 year)
Base revenue recognized 56000/2 = $28,000
Additional payment = (8400*30% )/2 =$1260
Revenue recognized at December 31 , 2021 = $28000+ $1260 = $29,260
There is not a specific weight that you should be. It often depends on genetics and your diet. These are all factors of a person's weight, which can differ depending on the person.
Answer:
The city was convenient for trading opportunities.
Explanation:
Answer:
c) 5 days, 7 workers
Explanation:
The longest task is Task-1 which takes 5 days.
All the tasks are parallel. So, the length of the project should be 5 days. The resources employed are just the total of all the tasks i.e. 2+2+1+1+1 = 7.
5 days, 7 workers
